Application Forms
Eligibility
| Officers/Airmen/NCs(E) |
After completion of Two years of service. |
Quantum of Loan
List of Items
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Loan admissible for purchase of computer (desktop/ laptop) and necessary peripherals (monitor/ keyboard/ mouse/ speakers/ headphone/printer/multi functional device etc) and accessories (UPS, external HDD,OHP projector etc) and computer table.
Rate of Interest
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7.50% (Reduced from 8.0% pa)
Processing Fees
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Nil. (Processing Fee has been waived wef 01 Oct 2017)
Loan Insurance
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A one-time non-refundable contribution towards insurance of loan will be recovered from the loanee from the PCL amount.
Repayment of loan
Pre-payment/Refund of loan
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Re-fixation of EMIs/refund of loan is allowed not more than two times in a financial year.
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Such refund in full must preferably be made before 20th of a particular month.
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Details of such refund, of made by e-remittance, must be immediately communicated to AFGIS.
Discipline Cases
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Not eligible if two or more (red ink) entries and five years have not lapsed from the last entry and/or disciplinary proceedings (SOE/GCM/DCM etc) are initiated/ in progress.
Documents For Personal Computer Loan
Note : All the legal papers in the application form are to be used as-it-is and not to be retyped or rephrased
Submission of Documents after availing Loan
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Copy of Invoice / Utilisation Certificate.
Penal Rate Of Interest
- Penal rate of interest is chargeable for non-submission of documents and non-compliance of stipulated policy & rules.